🇹🇼 Taiwanese Banks to Start Storing Cryptocurrency in 2025
Taiwan is actively working on accelerating institutional adoption of cryptocurrencies, planning a pilot launch of storage services through local banks.
✅ The country’s Financial Supervisory Commission (FSC) is preparing to begin accepting applications for these services in the first quarter of 2025.
Three private banks have already expressed interest in participating in the pilot project to store cryptocurrencies such as BTC, ETH, and DOGE.
➡️ Institutions applying must specify the types of assets they will store and describe their target audience, whether professional or regular investors. This step confirms the Taiwanese government’s growing interest in the cryptocurrency industry.
